Wickepin Racecourse Act 1919 (WA)

1919.] Wickepin Racecourse. [No. 54.

WICKEPIN RACECOURSE.

10° GEO. V., No. XLII.

No. 54 of 1919.

AN ACT to authorise the Sale of the Land comprised in Reserve 13036, and set apart for the purpose of a Racecourse, and the application of the Proceeds of the Sale towards the purchase of other Lands to be held for a similar purpose.

[Assented to 17th December, 1919.]

BE it enacted by the King's Most Excellent Majesty, byCouncil and Legislative Assembly of Western Australia, inand with the advice and consent of the Legislative

this present Parliament assembled, and by the authority of

the same, as follows:-

1.    This Act may be cited as the Wickepin Racecourse Short title.

Act, 1919.

2.

Lot 382 of Wickepin Agricultural Area being on land comprised in Reserve A 13036, and vested under section

Trustees em.

powered to sell

Wickepin Lot

forty-two of the Land Act, 1898, in trustees for the Wiekepin Race Club, may be granted to the trustees for an estate in fee simple, and the trustees are hereby empowered to sell the said land and transfer same to the purchaser for an estate in fee simple freed and discharged from all trusts affecting the said land.

3.    (1.) The trustees shall hold the proceeds of such sale Appleation of

in trust to apply such proceeds in or towards the purchase IT07€::7

of other lands, which shall be held in trust for the Wickepin

Race Club.

(2.) Pending the application of the said proceeds in manner aforesaid, the trustees may invest such proceeds in any security in trustees are by law authorised to in- vest trust moneys.